Business and people search

Communisis to invest with £20m fundraising

14th February 2013

COMMUNISIS has hailed a £20m fundraising that will enable the marketing services provider to strengthen its balance sheet and hunt out acquisitions.

The Leeds-headquartered company is issuing 50m new ordinary shares at 40p per share, 5.6p below the closing price on Wednesday.

The placing, which has seen 37.5m shares placed firmly with fund managers, is subject to shareholder approval on March 5.

It will raise £18.9m after expenses, some of the cash being used to cut debt.

It has s......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

The Cocktail Entrepreneur: Nick Fox

The Cocktail Entrepreneur: Nick Fox

27/05/2016Clare Burnett

My Yorkshire: Lloyd Atkin, Bio-D

My Yorkshire: Lloyd Atkin, Bio-D

27/05/2016Clare Burnett

Work starts on South Bank green scheme

Work starts on South Bank green scheme

27/05/2016Rachel Covill

Harworth expands into Manchester

Harworth expands into Manchester

26/05/2016Rachel Covill

Slick deal for oil specialist

Slick deal for oil specialist

26/05/2016Rachel Covill

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954